About Wendt (India) Limited

Wendt (India) Limited, a joint venture between the Murugappa Group of India and Wendt GmbH, Germany, a subsidiary of the F.I.L.A. Group, is a leading manufacturer of superabrasive grinding wheels, tools, and machines. Incorporated in 1980, the company has grown to become a prominent player in the superabrasive industry, serving a diverse range of customers. Its portfolio includes a wide array of products used in critical applications across industries such as automotive, aerospace, steel, and glass. The company’s commitment to quality and innovation is a cornerstone of its business philosophy. It operates manufacturing facilities in Hosur, Tamil Nadu, and has successfully expanded its global footprint, exporting its products to over 25 countries. The company’s registered office is in Hosur, Tamil Nadu, and it is listed on both the BSE and the NSE. As of the financial year 2024-25, Wendt (India) Limited has no subsidiaries.

Wendt (India) Limited Milestones 

Key milestones that have shaped the company’s journey include its establishment as a joint venture, which has enabled a strong blend of local expertise and global technological standards. The company’s focus on research and development has been a key differentiator, leading to continuous product innovation and process improvements. This is reflected in its sustained growth and its ability to maintain a strong market position both domestically and internationally.

Wendt (India) Limited’s Business Segments

The company operates in a single business segment, which is the manufacturing of superabrasive grinding wheels, tools, and machines. The detailed breakup of the company’s turnover for the financial year 2024-25 is as follows:

• Abrasives: This segment, comprising superabrasive grinding wheels, accounted for 65% of the total turnover.
• Machines & Tools: This segment contributed 35% of the total turnover, highlighting the company’s dual expertise in both products and equipment.

The company’s geographic footprint is global, with its export markets contributing a significant portion of its revenue. In the fiscal year 2024-25, domestic sales accounted for 75% of the total turnover, while exports represented 25%. This balanced mix allows the company to mitigate risks and capitalize on opportunities in different markets.

Wendt (India) Limited’s Key Management

• Mr. S. M. Katkar – Chairman
• Mr. V. S. Rajan – Chief Financial Officer
• Mr. P. R. S. S. S. A. – Company Secretary

Latest Updates on Wendt (India) Limited

• Financial Performance: For the financial year ended March 31, 2025, the company achieved a total income of Rs. 385.25 crore, marking a 15% increase year-on-year. This was supported by a robust profit after tax of Rs. 45.78 crore, which grew by 12% from the previous year.
• Dividends: The Board of Directors has recommended a final dividend of Rs. 15 per equity share for the financial year 2024-25, demonstrating the company’s commitment to rewarding its shareholders.
• Board Changes: During the financial year 2024-25, there were no changes in the composition of the Board of Directors or the Key Managerial Personnel. The management team remains stable and focused on the company’s strategic goals.